Fundamental / Economic Backdrop (short term)
The euro remains primarily driven by ECB rate-path expectations, euro-area inflation persistence and uneven regional growth. Recent data consistency supports rate-cut delays rather than acceleration, lending mild structural support to the EUR in the short term.
The Japanese yen remains dict…
Author: Fibbinarchie
CHFJPY 10/12/2025
Fundamental / Economic Backdrop (short term)
Key macroeconomic forces influencing CHF/JPY in the immediate term:
Swiss Franc (CHF)CHF continues to benefit from its defensive reserve-currency status, supported by Switzerland’s low inflation, strong fiscal position, and financial stability. In periods of mild risk-off sentiment, CHF often…
GBPJPY 10/12/2025
Fundamental / Economic Backdrop (short term)
Key macro and global-risk influences on GBP/JPY:
The British pound (GBP) continues to be shaped by expectations around the Bank of England (BoE) policy path, UK economic data, and global growth/inflation trends. In the absence of strong UK-specific catalysts (e.g. hawkish BoE moves or positive …
XAUUSD 10/12/2025
Fundamental / Economic Backdrop (short term)
Gold remains strongly driven by a combination of monetary policy expectations, real yields, USD behaviour, and safe-haven demand.
Key short-term macro drivers:
US monetary policy expectations remain a dominant driver. Markets continue to price in a more accommodative Federal Reserve bias, keep…
XAGUSD 10/12/2025
Fundamental / Economic Backdrop (short term)
Recent macroeconomic and structural factors influencing silver:
Expectations that the Federal Reserve (Fed) may cut or hold interest rates supportive of lower real yields continue to favour precious metals such as silver. Lower real yields reduce the opportunity cost of holding a non-yielding m…
USDCHF 09/12/2025
Fundamental / Economic Backdrop (short term)
Key macro-economic forces influencing USD/CHF in the near term:
US Dollar (USD): The USD remains sensitive to shifting expectations around Federal Reserve policy. Markets continue to lean mildly dovish, which limits USD upside and favours mild downside pressure in periods of stable risk sentime…
EURUSD 09/12/2025
Fundamental / Economic Backdrop (short term)
Key macroeconomic and global factors currently shaping EUR/USD:
The US dollar (USD) remains under pressure due to market expectations of a more dovish stance from the Federal Reserve (Fed), which tends to lower real yields, weakening USD and supporting EUR/USD.
The euro (EUR) is receivin…
USDJPY 09/12/2025
Fundamental / Economic Backdrop (short term)
Recent macroeconomic and market influences affecting USD/JPY:
The U.S. dollar (USD) remains influenced by expectations around the Federal Reserve (Fed)’s monetary-policy path; if markets believe rate cuts or stable/low yields are forthcoming, that tends to weaken USD and pressures USD/JPY.
…
GBPUSD 09/12/2025
Fundamental / Economic Backdrop (short term)
United Kingdom (GBP):Sterling continues to be driven by the Bank of England’s late-cycle policy stance. Inflation pressures are cooling gradually, reinforcing expectations that the BoE is approaching the end of its restrictive phase. Growth momentum remains subdued, limiting aggressive GBP upsid…
EURJPY – 09/12/2025
Fundamental / Economic Backdrop (short term)
Key macro and economic factors influencing EUR/JPY in the near term:
Eurozone (EUR):The euro remains sensitive to subdued growth conditions, inflation trends, and expectations around European Central Bank (ECB) policy. While disinflation has eased pressure for further tightening, the macro outl…